You certainly need specific records of who gave you what and when. There are also limits on how much an individual can contribute to a specific candidate ($2,500) per election, national party ($30,800), state, local or district party ($10,000 combined limit), political action committee ($5,000) all per calendar year. More details can be found at http://www.fec.gov/pages/brochures/contriblimits.s...

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